75768 results returned for search: "" category "Business"
Feven Binega-Northcott’s family joked that she’d get lost in the Bermuda Triangle when she moved to the island from her Ethiopian birthplace, after marrying Bermudian Jonathan Northcott.
Her family’s words had a ring of prophecy, because she hasn’t b...
DATE: Feb 27, 2019
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Hiscox’s pre-tax profits tripled to $137.4 million last year, as gross premiums written rose 15 per cent across the group.
The Bermudian-based company’s reinsurance and ILS segment had a second year of dealing with significant claims and posted a net...
DATE: Feb 27, 2019
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CATEGORY:
Reinsurance
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Powerboat races, boat displays and the latest marine products — it’s all there at the next St George’s Marine Expo.
The Bermuda Economic Development Corporation and title sponsor Rubis Energy Bermuda have announced the date of the fourth annual event...
DATE: Feb 27, 2019
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CATEGORY:
Other
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AUTHOR:
Jessie Moniz Hardy
An activist investor has Argo Group International Holdings in its sights, claiming the company has a “spendthrift culture” and misdirects corporate assets to support the chief executive officer’s “lifestyle and hobbies”.
Voce Capital Management, whic...
DATE: Feb 27, 2019
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CATEGORY:
Reinsurance
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Forty thousand shares of Argus Group Holdings Ltd traded on the Bermuda Stock Exchange, as the insurer’s share price remained at $3.75.
Rival insurer BF&M Ltd also traded, falling four cents, or 0.2 per cent, to close on $16.20 as 2,000 shares change...
DATE: Feb 27, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Athene Holding Ltd made a net loss of $104 million for the fourth quarter of last year.
The Bermudian life insurer and reinsurer and provider of retirement savings products, said full-year profit was $1.05 billion.
The fourth-quarter loss broke down ...
DATE: Feb 26, 2019
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CATEGORY:
Reinsurance
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The Bermuda Stock Exchange has listed its first London-domiciled catastrophe bond. The listing was sponsored by Estera Securities (Bermuda) Ltd.
The £75 million Baltic PCC Ltd Series 2019 Principal-At-Risk Variable Rate Notes were issued through the ...
DATE: Feb 26, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
A single plastic bag can take a 1,000 years to break down in the environment, and when it does, it contaminates everything around it.
But Gibbons Company wants to be part of the solution, not the problem.
In December, the company started giving awa...
DATE: Feb 26, 2019
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Axis Capital Holdings Ltd has appointed Lizabeth Zlatkus to the company’s board of directors, effective March 15, 2019.
Ms Zlatkus previously held several senior management positions at The Hartford Financial Services Group, including chief financia...
DATE: Feb 26, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda’s retailers are planning a Sunday Shopping Festival the day after the MS Amlin World Triathlon Bermuda.
The international sporting event, scheduled for April 27, attracts hundreds of amateur and professional athletes from the US, Canada, UK,...
DATE: Feb 26, 2019
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CATEGORY:
Local Business
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AUTHOR:
Business Staff